Friday, February 28, 2014

Minnesotan "Housing Cost-Burdened"

BLH Photography
The latest analysis finds there are still a lot of folks across Minnesota on the edge financially.

High housing costs are partly to blame.

The Center for Enterprise Development's Kasey Wiedrich says they found that about half the renters in the state are what's called "housing cost-burdened."

For homeowners in Minnesota, the rate is significantly better, with just over one in four considered housing cost-burdened.